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📍 Grimes, AL · Zillow ZHVI · July 2026

Average Home Price in
Grimes, AL

Ozark, AL metro area · Dale County County

Median Home Value
$111,155
↑ 0.8% year-over-year
vs. National Median
$410,000
Grimes is 73% below
Est. Monthly Payment
$580/mo
20% down · 6.8% rate
Income Needed
$29K
gross annual (30% rule)
Median Home Value
$111,155
↑ 0.8% year-over-year
Down Payment (20%)$22,231
Monthly P&I$580/mo
With Taxes & Ins.~$737/mo
Income Needed$29,480/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Grimes, AL

The median home value in Grimes, AL is $111,155 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.8% compared to a year ago and up 2.1% from two years prior.

Compared to the U.S. national median of $410,000, homes in Grimes are priced73% below average. Grimes is part of the Ozark, AL metro area.

City Comparison

Grimes vs. National Median

🏠 Grimes
$111,155
National Median
$410,000

At $111,155, homes in Grimes cost 73% below the national median of $410,000. This makes Grimes a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Grimes?

20% Down Payment
$22,231
on $111,155
Monthly P&I
$580/mo
30-yr @ 6.8%
Total Monthly Est.
~$737/mo
incl. taxes & insurance
Income Needed
$29,480
gross annual (30% rule)
10% Down Option
$11,116
+ PMI applies
Loan Amount (20% dn)
$88,924
at current rates

Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.

FAQ

Frequently Asked Questions

What is the average home price in Grimes, AL?
The median home value in Grimes is $111,155 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.8% year-over-year.
How much have home prices changed in Grimes?
Over the past year, home values in Grimes have increased by 0.8%.
How much do I need to earn to buy a home in Grimes?
To comfortably afford the median home price of $111,155 with a 20% down payment ($22,231) at today's rates (6.8%), you'd need a gross annual income of approximately $29,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Grimes compare to the national average home price?
The national median home value is approximately $410,000. At $111,155, homes in Grimes are 73% below the national average.
What metro area is Grimes part of?
Grimes is part of the Ozark, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.